• 12-

      MONTH DURATION (FULL-TIME)

    • S$54,500

      TUITION FEES (INCLUSIVE OF GST)

      Goods and Services Tax (GST) is a tax collected on behalf of the Singapore Government and will be charged at the prevailing rate

    • Application Closes

      May (for August intake)

    • Pre-requisites

      Bachelor's Degree
      GMAT / GRE / SMU Admissions Test
      TOEFL / IELTS (if the medium of instruction of your undergraduate studies was not in English)

    • Working experience

      1 to 5 years of work experience, all other candidates can also be considered depending on their motivation and previous experience

About the Master of Science in Entrepreneurship and Innovation (MEI)

The SMU Master of Science in Entrepreneurship and Innovation (MEI) programme offers a cross-disciplined and practical innovation and entrepreneurship education through world-class faculty, regular engagement with thought-leading practitioners, a study stint abroad at a globally leading business school and practical innovation projects. It is designed to engage, challenge and grow Asia's next generation of innovation and entrepreneurial leaders.

Why pursue the MEI?

  • 1

    Accelerate growth, create sustainable value

    Accelerate growth and create sustainble value through strategies tailored to business development, risk management, financing, and value extraction.

  • 2

    Learn from eminent faculty & leading industry leaders

    Benefit from the combined experience and expertise of eminent faculty with Ph.D. from Cornell, Harvard, INSEAD, Oxford, Stanford, Yale and other universities, industry partners as well as leading venture capitalists who will be co-leading the Venture Building Experience (VBE).

  • 3

    Gain a global perspective

    Take the lead while broadening your horizon, and enrich your education with a one-week residency at University College London.

  • 4

    Become Asia's next innovation leader

    Designed to equip aspiring leaders with the capabilities to lead innovation in both large organisations or breakthrough start-ups.

Class Profile

  • Gender

    11:9

  • Average Age

    36

  • CAREER STATISTICS

  • Average Years of Work Experience

    11

Student profiles taken from Classes of 2018-2021 (Full-time & Part-time).

Testimonials

Alumni
Alumni
Alumni

Industries MEI Graduates Work In

  • Commodities

    3%

  • Education

    8%

  • Business / Financial Services

    18%

  • Government Agencies

    7%

  • Hospitality

    6%

  • Pharmaceutical & Healthcare

    3%

  • Manufacturing

    8%

  • Media & Advertising

    4%

  • Technology

    18%

  • Transportation & Logistics

    9%

  • Research

    3%

  • Others

    13%

Industry diversity data collated from graduating students from 2020 and 2021.
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Programme Calendar

Immerse yourself in a multidisciplinary program that equips you with the knowledge and skills to become a future leader. 
The full-time MSc in Entrepreneurship and Innovation offers a comprehensive curriculum, blending essential elements of entrepreneurship and innovation to prepare you for the challenges of the future.

 

Full-time

12 Months
Months
Term 1
Aug - Nov
Term 1A
Nov - Dec
Term 2
Jan - Apr
Term 3
Apr - Jun
Term 3A
Jul - Aug
Core Module (2 CU)
 
Venture Building Experience 1 (1CU)
Elective Module (1 CU)

Venture Building Experience 2 (1CU)
Core Module (3 CU)

Venture Building Experience 3 (1CU)
Core Module (2.5 CU)
 
Elective Module (0.5 CU)
 
Venture Building Experience 4 (1CU)
Overseas Immersion Programme (1 CU)
Postgraduate Professional Development Course (1CU)

*Programme calendar is subject to charge

 

Programme Information

The MSc in Entrepreneurship and Innovation (MEI) programme is designed to ensure that you acquire knowledge and competencies that will allow you to successfully tackle today's and tomorrow's innovation challenges in various sectors. You are required to complete 15 Credit Units which include 7.5CU Core Modules, 1.5CU Electives, 4CU Venture Building Experiences, 1CU Postgraduate Professional Development Course and 1CU Overseas Immersion Programme in order to be awarded the MEI degree.

Our current partner for the international residency segment is the reputable University College London on the basis of their high-quality entrepreneurship education programme.

Term Duration Curriculum
Term 1
Aug to Nov
12 Weeks

Strategic Management of Entrepreneurial Ventures

Financing of New Ventures      

Creativity as a Precursor to Innovation* 

Venture Building Experience 1: Entrepreneurial Mindset 

Postgraduate Professional Development Course
Term 1A
Nov to Dec
5 Weeks

Artificial Intelligence and Future Trends*

Venture Building Experience 2:
Managing Teams

Term 2
Jan to Apr
12 Weeks

Prototyping and Product Development

Entrepreneurial Marketing Strategy and Branding

Innovation Management

Venture Building Experience 3: Prototyping and Early Testing*

Term 3
Apr to Jun
12 Weeks

Business Acceleration and Growth Strategy

Management of Human Capital in Organisations

Consumer Analytics

Innovation in Supply Chain: A Risk Management Perspective*

Business Ethics*

Venture Building Experience 4:
User Beta-Testing and Develop Go-to-Market Strategy*

Term 3A
Jul to Aug
5 Weeks

One-week
Overseas Immersion Programme

 

Programme information is subject to change.
*Elective module

Course Unit: 1

This course introduces students to the theoretical concepts and analytical tools required for formulating and implementing appropriate strategies that affect the enduring success of the entire organization. Topics covered include external and internal environmental analyses, competitive strategies, corporate strategies, international strategy, merger and acquisitions and strategic alliances. This course emphasizes the application of theory to a number of real-world strategic issues. Students are encouraged to synthesize knowledge from other business courses into a comprehensive understanding of firms’ competitive advantages.

Course Unit: 1

Any successful business progresses through a life cycle – from a start-up all the way to being a successful and mature firm. Growth firms often find financing one of the biggest hindrances to survival and growth. As such, an entrepreneur will often be confronted with the challenges of financing the firm to achieve growth and profitability objectives. Each financing choice has their own pros and cons that may create additional opportunities or risks for the business venture. Hence, understanding the choices available at each stage of the life cycle will be critical for the entrepreneur to chart the firm’s future.

Course Unit: 1

This VBE 1 course focuses on developing an entrepreneurial mindset that is applicable not only in starting a company but also in pursuing a wide range of opportunities. The mindset includes understanding the need for determination as well as conserving resources to increase their start-ups’ survival rate at this early stage. In this course, students will also have hands-on experience in probing for customers’ needs.

Course Unit: 0.5

This course curates the latest trend in technology that students need to be aware of in their entrepreneurial and innovation journey. Given the plethora of information out there, this course curates key information that students can use as a starting guide. Specifically, students will learn about Artificial Intelligence, Digital Transformation and other emerging technologies.

Course Unit: 1

This VBE 2 course exposes students with key instructions in team formation. Students are not only given the opportunity to form and re-form their teams but also learn key points on how to build an effective and efficient team with hands-on application to their start-ups.

Course Unit: 1

This course introduces the theory and practical elements of product development and prototyping. It is structured to provide a practical knowledge and deeper understanding of how product development takes place within new ventures and established enterprises. Covering both product and service development, across physical and digital domains, the course covers the strategies, tools and methods to identify customer’s needs, ideate, design, prototype, test and validate new value propositions. The structure of the course follows the typical product development pathway from Problem-Market to Product-Market Fit.

Course Unit: 1

This course introduces students to the fundamentals of marketing for entrepreneurs to prepare them to develop an integrated marketing strategy in the digital age. To prepare the students with the skill set to design, implement, and monitor their marketing plans, they will use an experiential learning approach to understand and practice the basics of entrepreneurial marketing.

Course Unit: 1

Necessity is the mother of invention. One reason for firms to innovate is the necessity to re-invent themselves and get out of stagnation: the industry has either gotten obsolete, or competitors have adopted newer and more efficient business models, and products or services based on more advanced technologies. Innovation is then a necessity as the firm has to innovate or perish. This course should be of particular interest to people aspiring for a career in designing and managing for innovation, either directly (e.g., V.P. of R&D, R&D Manager) or indirectly (e.g., management consulting). The course will also be useful to SME proprietors and entrepreneurs who intend to serve new markets, or use new technologies, or participants who wish to strategically reposition their offerings in an existing market.

Course Unit: 1

The VBE 3 course focuses on market validation of a potentially scalable business idea and early prototyping. Students will have hands-on experience to start prototyping their products and turn their dreams into reality. Students will be guided by industry experts in this process.

Course Unit: 1

This module introduces students to core concepts in business acceleration and how these translate to growth in entrepreneurial ventures. We systematically explore how firms grow their business and the challenges they face in doing so. The course includes components from across multiple disciplines of strategy, marketing, finance and human resources to solve daily challenges of growth. This course is designed to help rethink the tenets of core strategy in an entrepreneurial way. We start the course by discussing what growth is. We examine how companies have embarked on their growth stories and the routes they have chosen. Next, we take a deep dive into business models. What are business models and what makes for a good one? Specifically, we consider what makes a business model scalable by adopting the RTVN (Resources, Transactions, Values, and Narratives) framework. In the second half of the course, we integrate diverse disciplines, considering the roles of human and social capital, governance and operations management and internationalisation in business growth. We conclude with a discussion on sustainability and the new technologies that are driving business innovation.

Course Unit: 1

Some will say that people are everything. In this course, students will learn how to manage and lead people and organizations. Critical issues like motivation and leadership techniques will be discussed and explored. Students will come out better prepared to manage what has been argued as the most critical resource in a start-up: its people.

Course Unit: 0.5

Consumer Analytics involves designing, collecting, analyzing and presenting data-driven decisions using various approaches like statistical models, data mining techniques, simulations and tools. Organizations and business managers are increasingly utilizing data to assess the return on their investments, better understand their customers and improve their decision-making. The availability of large amounts of data, both structured and unstructured, has further increased the need to understand and extract all the relevant information from these data. In this course, we will start with the basic idea about what is consumer and business analytics. We will delve into different types of analytics like descriptive, predictive and prescriptive analytics, different types of data, structured and unstructured, and different types of analysis and tools. As such, we will use developments in statistical science to examine solutions to important issues faced in consumer analytics. There will be various cases and readings provided and used in the class to demonstrate the importance of data-driven decision making. Specifically, we will discuss regression, measuring online impact, conducting field experiments, and new product and innovation-related analytics. The main emphasis of this course is on understanding, interpreting and proper use of various research techniques and providing students with important quantitative acumen for appreciating consumer analytics.

Course Unit: 0.5

A supply chain comprises firms, organizations, and individuals, linked through physical (material), information and financial flows, and whose activities enable products and services to be created and reach the consumers. In the last few decades, logistics and supply chain executives have reoriented their focus beyond the traditional logistics issues towards the development of integrated risk management approaches to handle the multiplicity and magnitude of risk factors in global supply chains. These risk factors include disruptions arising from natural and man-made disasters (e.g., (Covid-19 pandemic, 2011 Japanese earthquake and Thailand floods), technological innovations (e.g., blockchain, AI, IoT, and robotics), regulations (e.g., carbon tax and ESG requirements), fast-changing customer preferences (e.g., ethical and environmental concerns), tight financial credit environments (e.g., 2008 financial crisis), unsustainable business practices (e.g., labor malpractices), and fluctuating exchange rates and commodity prices. Building a functional supply chain requires careful planning and consideration of a variety of risks, and it is of paramount importance to integrate management of physical flows, information and financial flows in dealing with such risks. All logistics and supply chain organizations that effectively manage their supply chain risks enjoy a level of robustness (being able to perform effectively across a wide range of supply and demand scenarios) and resilience (being able to bounce back quickly from disruptions) that leads to unprecedented levels of operational excellence with all competitive advantages. The objective of this course is to provide a thinking framework, the tools, and a portfolio of proven strategies managing supply chain risks for robust and resilient chains and discuss the implications for innovation.

Course Unit: 0.5

The Ethics portion of the course is designed to explore, inform, and stimulate thinking on issues related to behavioural ethics and responsibility as encountered in the corporate world. To create this intellectual exchange, this course will focus on how individual and organizational behaviour is shaped by context as well as by biases, why these factors make it difficult for managers to be responsible leaders, and what can be done about the influence of these factors. It is important to emphasize that the goal of this course is not the ethical or moral transformation of students but to develop a set of tools and frameworks (where possible) that allow us to manage effectively in a world increasingly characterized by stakeholders with competing needs and responsibilities.

Course Unit: 1

The VBE 4 course focuses on beta testing and launching of initial products and services to the market. Students will have hands-on experience to gain feedback on the early versions of their products and start penetrating the market and acquiring early users. Students will be guided by industry experts in this process.

Course Unit: 1

Students will be given the opportunity to travel overseas and build networks and connections beyond Singapore. This trip also allows students to learn from success stories and specific lessons that an overseas environment can more uniquely offer. Such an experience is important to widen the social network for subsequent venture building such as fundraising and creating distribution channels.

Part of the MSc in Entrepreneurship & Innovation (MEI) curriculum involves a one-week residency at University College London.

​University College London (UCL), is a public research university in London, England. It is a member institution of the federal University of London and is the second-largest university in the United Kingdom by total enrolment and the largest by postgraduate enrolment. UCL is ranked 9th in the 2024 QS World University Rankings, 22nd in the Times Higher Education World University Rankings 2024 and was rated 2nd in the UK for research power in the Research Excellence Framework 2021.​

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How to Apply

Application Period

 

INTAKE APPLICATION DEADLINE

August 2024 

Applications open in September 2023 and close in May 2024.

All applications are based on rolling admissions.

Apply Now

Please read the instructions carefully before completing your application. Supplementary instructions are given in each section of the application form. Once you have completed the form, we suggest you keep a copy for your records. Your application will only be processed when we have received all the documents and payment.

 

 

  • Good undergraduate degree (in any field).
  • 1 to 5 years of work experience, all other candidates can also be considered depending on their motivation and previous experience.
  • Candidates who are passionate about new value creation in business and society.
  • A good GMAT (try a GMAT mini quiz) / GRE / *SMU Admissions Test (SMUAT) score (click here to view the SMUAT Factsheet)
  • A valid TOEFL / IELTS score is required if the medium of instruction of your undergraduate studies was not English.
  • An updated Resume
  • Official academic transcripts of all educational institutions attended.
  • 2 Personal Statements:
    1. Explain in approximately 500 words tell us (a) your motivation in taking up the MSc in Entrepreneurship and Innovation (MEI), and (b) in what ways you will contribute to learning in the classroom.
    2. In approximately 300 words, (i) provide an example of your involvement in creating something new: a business, a product or service, or a personal idea. Do include your role, reflections and the significance it has made. (ii) Describe a situation with the greatest ethical complexity that you have faced in your professional or academic life, and how your input helped resolve it.
  • 2 Referee Reports - Submit 2 complete sets of referee details during the online process of applying for the MEI. The application portal will automatically send an email to your referees for them to complete an online recommendation form once you have submitted the application.
  • Copy of NRIC/FIN/Passport (in PDF or JPEG format.
  • Any other supporting documents

    * SMU UG Alumni with cumulative GPAs of 3.40 or better, and Non-SMU candidates from local Autonomous Universities (NUS, NTU, SMU, SUSS, SUTD, SIT) with cumulative GPAs of 3.50 or better will not require a GMAT or GRE score for admissions. An undergraduate GPA is valid for 5 years after graduation. 

After Submitting Your Application
The Admissions Team will follow up with your application within 3-5 working days. More information on how to practice and sit for the SMU Admissions Test will be provided during this time.

Important Notes:

  • Verification of original documents is required upon matriculation into the programme. Failing to do so may result in applicants having to withdraw from the programme.
  • If you have not taken the GMAT or GRE, you are encouraged to take the SMU Admissions Test. Alternatively, you may first submit your online application and arrange for the GMAT / GRE test to be taken as soon as possible. Do include the date of your test as well.
  • Shortlisted candidates will be invited for an online interview within two weeks of the application.

 

 

 

 

Once you have submitted your application and have received the application number confirmation email, you can use the Applicant Self Service functions to check your application status or update your contact information.

Please refer to the Applicant's Self Service Guide.

Want to Know If You are Eligible for the Programme?

If you would like us to assess your suitability for the MEI programme, please contact our Admissions Advisor and we will contact you within three working days.


Speak to Admissions Advisor

PROGRAMME FEES

Application Fee*

Registration / Advance Tuition Fee​*

Tuition Fees

S$100 (inclusive of GST)

  • Singaporeans and PRs: S$400 (inclusive of GST)​

  • International Applicants: S$500 (inclusive of GST)

  • Advance Tuition Fee: S$5,000

Amount payable upon acceptance to the programme. The registration fee covers matriculation, examination fees, orientation activities, library and computer account. 

S$54,500 (inclusive of GST)

 

Fees are subject to change from year to year

Application Fee*

S$100 (inclusive of GST)

Registration Fee*

  • Singaporeans and PRs: S$400 (inclusive of GST)
  • International Applicants: S$500 (inclusive of GST)

Amount payable upon acceptance to the programme

Tuition Fees for AY 2024

S$54,500 (inclusive of GST)

 

Fees are subject to change from year to year

*All fees are non-refundable and non-transferable. The Advance Tuition fee of S$5,000 will contribute to the first billing of the tuition fee.​ The remaining tuition fees would be payable over 3 billings, over the duration of the programme. The tuition fee does not include meals, air travel, travel insurance, living and accommodation expenses incurred for the overseas exchange. Singapore Management University reserves the right to alter tuition and other fees as deemed appropriate. SMU alumni will be entitled to a S$5,000 discount on the tuition fee. 9% GST of the discounted tuition fee will apply.

*Goods and Services Tax (GST) is a tax collected on behalf of the Singapore Government and will be charged at the prevailing rate.

 

Billing

Full-Time

S$5,000 At Admission
Remaining Tuition Fees Start of Programme
By the 4th Month
By the 7th Month
 

 

Scholarships and Financial Aid

Academic Excellence | Global Awareness | SMU-ASEAN | Leadership* | Impact on Asia* | Women in Business* | Community Impact* | Haryanto Adikoesoemo Postgraduate Scholarship

* Denotes Scholarships that students can apply for upon admissions into the programme

These scholarships entail award amounts up to 30% of the tuition fee, with no bonds attached.

The SMU LKCSB Dean’s Scholarship recognises admitted candidates who have demonstrated strong leadership capabilities, contributed positively to the Asian region and/or has made a positive impact on the community in personal or professional instances.

This prestigious merit-based award amounts S$18,000 (inclusive of GST) with no bonds attached to the scholarships.

The Admissions Scholarship Committee will assess the following:

  • Professional, personal, and academic achievements ​
  • Evidence of making an entrepreneurial impact to business/society​
  • Interview Performance​
  • Recommendation from the Academic Director ​

 

The SMU MEI will offer the Academic Excellence Award to high-quality candidates with exceptional academic performance. Awards are based on academic merit, final grades and admissions test score.

 

The SMU MEI is committed to crafting a diverse and global academic environment that will contribute to the student’s personal and professional journey. The Global Awareness Award is awarded to individuals who will contribute to the class room diversity and enrich the learning experience of students by way of cultural, personal or professional backgrounds.

The SMU-ASEAN Scholarships do not require any applications. Applicants who meet the criteria below will be considered. The award amounts range from S$5,000 to S$10,000 (inclusive of GST) with no bonds attached to the scholarships.

Eligibility criteria:

  1. Successful admission into the SMU MEI Programme
  2. Open to nationals of ASEAN member countries

The SMU MEI recognises individuals with strong leadership capabilities who have exhibited outstanding leadership potential in their profession, organisation or community with the Leadership Scholarship. Applicants must demonstrate strong leadership capabilities or potential in personal and professional instances.

The Admissions Scholarship Committee will assess the following:

  1. Interview Performance
  2. Essay: “Please explain in 500 words why you consider yourself a leader"
  3. Leadership quality recognition such as:
    • In the workplace: demonstrated career progression, line management progression, professional recognition such as awards, project success and team leadership
    • Leadership qualities during student days: e.g. Chairperson of an interest group, class representation, etc.
    • Attainment of any non-academic awards and scholarships.

The SMU MEI is creating a significant impact in Singapore, extending now to Asia. We look forward to welcoming students who can demonstrate achievements in their professional, social and personal life that have created an impact on Asia, such as:

  • Professional development or personal projects that have contributed positively to Asian regions or companies.
  • Entrepreneurial projects with an Asian focus.
  • Increased the awareness of Asia in other locations.

The Admissions Scholarship Committee will assess the following:

  1. Interview Performance
  2. Essay: “Please explain in 500 words the professional development, entrepreneurial or personal projects of an Asian focus, that have contributed positively to Asian regions or companies or have increased awareness of Asia in other locations."
  3. Impact: reach of impact, entrepreneurial projects, awards and helping the increased awareness of Asia will be taken into consideration.

The SMU MEI aims to recognise exceptional women with the “Women in Business” Award, those who have demonstrated outstanding leadership capabilities or potential in their professional or personal endeavours.
Applicants must have successfully received an admissions offer.

The Admissions Scholarship Committee will assess the following:

  1. Interview Performance
  2. Essay: “Please explain in 500 words why you should be awarded with the Women in Business Scholarship”.
  3. Leadership quality recognition such as:
    • In the workplace: demonstrated career progression, line management progression, professional recognition such as awards, project success and team leadership.
    • Leadership qualities during student days: e.g. Chairperson of an interest group, class representation, etc.
    • Attainment of any non-academic awards and scholarships.

The SMU MEI nurtures keen minds profoundly committed to leaving a positive impact on the community. The "Community Impact Award" recognises candidates who have contributed to society through outstanding community work (e.g. volunteerism, social and non-paid work, etc.) and through their actions, have impacted members of the community/society in a positive manner.

The Admissions Scholarship Committee will assess the following:

  1. Interview Performance
  2. Essay: “Please share an example of how you have impacted your greater community and what you think is the best way to serve society”.
  3. Impact of Community Work: frequency and reach. Awards and recognition will be considered.

 

Mr. Haryanto Adikoesoemo, a member of SMU’s International Advisory Council (IAC) in Indonesia, has established this Scholarship to contribute to the development of skills and talent of his fellow Indonesian brothers and sisters pursuing their postgraduate studies in the areas of innovation, human capital and business transformation at SMU. The scholarship aims to spur them on to greater heights of academic excellence, and to accord appropriate recognition to the recipients of the Scholarship for their accomplishments.

Eligibility Criteria:

To be eligible for this scholarship, applicants must meet the following criteria:

  • Full-time students who are successfully admitted to the MEI programme.
  • Citizens of Indonesia
  • Good academic achievements, as determined by SMU.
  • Demonstrate intention of returning to Indonesia within two years of their graduation from the MEI programme to contribute meaningfully to Indonesia.
  • Special consideration for those with greater financial needs

 

For enquiries, please contact our team at mei.admissions@smu.edu.sg.

Alumni Discount
SMU is committed to lifelong learning. SMU and SUTD alumni are eligible for a $5,000 discount.

Referral Discount
Candidates with a referee report completed by a student / alumni of SMU, in accordance with the admissions criteria, are automatically eligible to obtain a $5,000 discount of the total tuition fee.

If two or more company-sponsored (fully / partially) candidates from the same organisation are enrolling into the same intake, each will enjoy a S$12,000 discount.

If a company has previously sponsored (fully / partially) an employee, and sponsors (fully / partially) another employee into the programme at a subsequent intake, that employee will enjoy a S$9,000 discount of the total tuition fee.

This loan carries a low interest rate of 3.02% p.a. For more information, please call 6333 7777.

For enquiry on this, please contact:
Yvonne Tan
Contact details: 9646 8808 / (65) 6661 2157
Email: Yvonnesg.tan@cimb.com

This study assistance loan carries an interest rate of 4.60% p.a. For more information please call 6333 0033.

The application must be with a joint applicant who is a Singaporean or Singapore PR.

For enquiry, please contact:
Cheong Yu Shan / Sandy Chenxu,
Direct Sales Management, Community Financial Services
DID: (65) 9691 5134 / 9221 5148
Email: yscheong@maybank.com.sg / wpchenxu@maybank.com.sg

For more information please call +65 6595 9723.

For more information,please call 1 800 363 3333.

SBI provides student loans exclusively for students from India who have secured admission in selected educational institutions for higher studies in Singapore. Your loan is secured against a Standby Letter of Credit (SBLC) issued by SBI branch in India, backed by mortgage of property or cash deposits in India.

For enquiry, please email: studentloan@sbising.com.

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